Slide 1: Interim Results to 31 January 2014: Delivering on the strategy
Interim Results to 31 January 2014 Delivering on the strategy
Slide 2: First-Half Summary
Interim Results to 31 January 2014 First‐Half Summary Growth maintained well above market Significant profit improvement, operating margin up 200 basis points Global data products and services grew by 32%; now 30% of total revenue YouGov serves some 2,000 clients worldwide Decision Fuel ac
Slide 3: Strong growth in data products and services
Interim Results to 31 January 2014 Strong growth in data products and services… …a scalable, high margin business model £m 35.0 30.0 Data Products & 30% 25.0 24% Services + 32% 20.0 0 15.0 10.0 Custom Research + 1% 5.0 0.0 H1 FY13 H1 FY14 Global BrandIndex revenue up 51% H1 FY13 £m H1 FY14 £m Gl
Slide 4: Financial Highlights
Interim Results to 31 January 2014 Financial Highlights 6 months to 6 months to 31 Jan 2014 31 Jan 2013 % Change £m £m Revenue 32.6 30.1 9% Adjusted Operating Profit 2.9 2.2 31% Adjusted Profit before Tax 3.0 2.6 18% Adjusted Earnings per Share 2.4p 2.0p 19% Dividend per Share (paid in December) 0.6
Slide 5: Group Income Statement
Interim Results to 31 January 2014 Group Income Statement 6 months to 6 months to 31 Jan 2014 31 Jan 2013 • Revenue growth of £2.5m £m £m • Gross profit margin increased by 1% point Group Revenue 32.6 30.1 • Operating expenses reduced by Cost of sales (8.0) (7.6) 1% point Gross Profit 24.6 22.5 • Op
Slide 6: Balance Sheet
Interim Results to 31 January 2014 Balance Sheet 6 months to 31 Jan 2014 £m 6 months to 31 Jan 2013 £m Assets • Debtor days down to Goodwill 38.2 37.8 67 from 72 days Other intangible assets 9.6 8.6 • Creditor days down to Other non‐current assets 5.2 5.2 28 from 43 days 53.0 51.6 • Deferred Current
Slide 7: Cash Flow
Interim Results to 31 January 2014 6 months to 31 Jan 2014 6 months to 31 Jan 2013 Cash Flow £m £m Cash flows from operating activities • Cash flow generated from Reported operating (loss)/profit (0.4) 0.2 operations of £3.4m (123% Non cash movements 3.2 2.5 profit conversion) • Investing activities
Slide 8: Segmental Analysis by Geography - Revenue
Interim Results to 31 January 2014 Segmental Analysis by Geography ‐ Revenue 6 months to 6 months to 31 Jan 2014 31 Jan 2013 Change Revenue Revenue % £m £m UK 9.3 7.8 19% USA 10.4 10.8 (4%) Middle East 5.2 3.1 67% Germany 4.1 4.6 (11%) Nordic 4.1 4.1 (1%) France 0.3 0.1 91% Corporate & Consol. Adjs.
Slide 9: Segmental Analysis by Geography - Operating Profit
Interim Results to 31 January 2014 Segmental Analysis by Geography ‐ Operating Profit 6 months to 6 months to 6 months to 6 months to 31 Jan 2014 31 Jan 2014 31 Jan 2013 31 Jan 2013 Operating Profit Margin Operating Profit Margin £m % £m % UK 1.9 20% 1.5 19% USA 1.6 15% 1.6 15% Middle East 1.2 24% 0
Slide 10: Delivering the Strategy
Interim Results to 31 January 2014 Delivering the Strategy 10
Slide 11: BrandIndex: flagship brand intelligence service
Interim Results to 31 January 2014 ® Subscribers can: • Our flagship brand intelligence service • Monitor their brand, competitor • Coverage grown to 15 countries Awareness brands and entire sectors • Brazil and China recently added • Some 200 subscribers worldwide Brand Engagement • See a picture o
Slide 12: YouGov Omnibus
Interim Results to 31 January 2014 ® • YouGov Omnibus clear UK market leader Clients benefit from: • Now operating in the UK, US, France, Fast ‐ 48hr or 24hr Germany, Nordics and Middle East turnaround • 450+ clients worldwide Reputation ‐ YouGov’s • Streamlined, highly‐efficient profile helps o
Slide 13: Integrating custom research and syndicated data
Interim Results to 31 January 2014 Integrating custom research and syndicated data YouGov and ITV Partnership: Industrial Qual ITV’s business challenges The YouGov solution Outcomes for ITV • Optimising TV planning and scheduling • Understand audiences better – the • Increased viewing • Predicting p
Slide 14: Programme Trace ('Industrial Qual')
Interim Results to 31 January 2014 Programme Trace (‘Industrial Qual’) YouGov and ITV Partnership: Industrial Qual Programme Trace Tool incorporating YouGov’s dial‐testing technology with our Profile Data Library to track engagement with film, television and advertising. Types of media • Full length
Slide 15: Programme Trace ('Industrial Qual')
Interim Results to 31 January 2014 Programme Trace (‘Industrial Qual’) YouGov and ITV Partnership: Industrial Qual Mr Selfridge 80 75 Dancing Agnes Comes Backstage Family Harry Meets Girls Home Visit Arrives the Office 70 65 60 Edit 1 55 Edit 2 50 1 61 121 181 241 301 361 421 481 541 601 661 721 781
Slide 16: Asian expansion: Decision Fuel (now YouGov Asia Pacific)
Interim Results to 31 January 2014 Asian expansion: Decision Fuel (now YouGov Asia Pacific) About Decision Fuel Benefits of the acquisition Transaction terms Market research and technology Acceleration of YouGov’s Initial purchase consideration of company with offices in Hong expansion into th
Slide 17: Maintaining our strong public profile in the UK
Interim Results to 31 January 2014 Maintaining our strong public profile in the UK YouGov still the most quoted market research company in the UK Dominant media profile in the UK Good progress being made in developing similar profiles in our other markets Already ranked #2 in Denmark and #4 in
Slide 18: Group Outlook
Interim Results to 31 January 2014 Group Outlook Current trading in line with the Board’s expectations Investment continuing in product development and technology Data products and services revenue moving towards parity with custom research Core operating model being reinforced across existi